As a member of USS, you have access to an Income Drawdown arrangement that’s not on the open market. The trustee of USS has asked us to make it available to you, so you can invest your pension savings and withdraw income to suit your needs. Check out the rest of this page to find out whether LifeSight’s right for you.
We recommend that you take financial guidance before confirming your decision to join LifeSight. If, after reading the information provided, you have further questions, please contact the LifeSight Team. You can find our contact details at the bottom of this page.
Key Information
LifeSight Key Features
LifeSight Plan Guide
LifeSight Investment Guide
LifeSight Charges Sheet
Explore the Key Features document for more information on the Account features with LifeSight Drawdown.
Understand your investment options and how we manage your savings in the Investment Guide.
For more information on charges associated with your LifeSight account, please view the charges sheet.
Next steps
To become a member of LifeSight, you'll need to transfer your pension savings from USS into LifeSight Drawdown. To do this, please do the following two things:
- 1). If you have an Investment Builder pot with USS (Defined Contribution), please complete the LifeSight Application Form and return this to the LifeSight team.
- 2). Complete a USS transfer-out request via the USS website and remember to return your USS transfer forms to the USS team, otherwise they will not be able to send your funds to LifeSight for you.
In addition to the above, there are some other options available to you:
- You have the option to take a tax-free lump sum either when you first join LifeSight or at a later date, if you haven’t already done so. If you wish to receive your tax-free lump sum when you join LifeSight, please complete the LifeSight Designation of Funds Form and return this alongside your application form to the LifeSight administration team.
- Once you're a member of LifeSight, you also have the opportunity to transfer in other pension pots allowing you to keep more of your money in one place should you wish to.
- If you have Retirement Income Builder benefits with USS (Defined Benefit) and are interested in transfering them to LifeSight, please speak to the USS Pensions Technical Team about whether they can be transferred.
Help & support
If you have any questions about LifeSight, or are looking to return your Application form or Designation of Funds form, you can contact us by phone, email or post:
Phone: 01737 227551
email: lifesightapplication@willistowerswatson.com
Post: The LifeSight Team, Willis Towers Watson, PO Box 758, Redhill, Surrey, RH1 9GT